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In a bid to increase competition in the residential lending market, Liberty Financial has said it will sharpen its rates for prime residential business.
Effective from today, the lender will offer residential business customers interest rates starting at 6.30 per cent
Last week, Liberty announced it would increase its loan to value ratio (LVR) for non-prime borrowers to address the growing needs of consumers who require ‘out of the box’ solutions to their finance needs.
“These enhancements re-affirm Liberty as the ‘all rounder’ in the mortgage lending space. We offer highly competitive prime products as well as specialised lending solutions for the widest customer set,” Liberty’s group sales manager for personal business John Mohnacheff said.
“We’re not afraid to take it to the banks, particularly with our enhanced products, highly charged people and leading service standards.”
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